Oireachtas Joint and Select Committees

Wednesday, 14 December 2016

Public Accounts Committee

Policy on the Retention of Contemporaneous Notes in the Preparation of Board Minutes: National Asset Management Agency

10:00 am

Mr. Frank Daly:

No, they are destroyed because of what I referred to earlier, namely, because the guidance is that it is best practice. However, there is an issue for any organisation, not just for NAMA. If there are different records of decisions, it makes the organisation vulnerable.

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